Wilmore Office Space

Wilmore

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$84
Median Size (sqft)
300
As of: July 26, 2017

Wilmore Rates

The typical asking rate per listing is in the $80's per square foot per year. The Wilmore submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $48 per sqft per year. That's a 129% rise in rent.

Compared to the rest of the Metrolina market, the Wilmore submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Wilmore Listing Supply

In the last 90 days, 6 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 33% of the listings in the Wilmore are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 300 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 2004 and are Class A.

Wilmore Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Wilmore occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Wilmore.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wilmore.
Research